LendersBenchmark Analyzer For Small Business Lending
Maximize your small business lending performance
The only consortium of its kind to provide critical insight into small business lending originations and portfolio performance.
The Small Business segment is more valuable than ever, and traditional lenders and fintechs alike know that competition is tight. Having a keen understanding of your small business lending originations, risk profile, portfolio performance and overall market opportunity is critical to compete effectively.
LendersBenchmark Analyzer for Small Business Lending is a competitive intelligence solution that enables lenders to assess originations and portfolio lending performance in near-real time against an anonymized market consortium of their peers, delivering a scalable and dynamic framework to proactively manage margins and optimize operational performance.
Solution Highlights
- Timely, Granular Data
- Actionable Metrics
- Flexible Delivery Model
Originations insights delivered on a weekly basis. Portfolio insights delivered on a monthly basis.
Key lending performance metrics including production, market share, pricing, utilization and credit risk.
Access data and insights in two ways: A user-friendly web-based solution; or directly within Microsoft Excel via our CurinosConnect add-in feature. Both offer a direct linkage to the database in near-real time.
Lenders provide the following data:
- Production
- Applications
- Approvals
- Dispositions
- Bookings
- Pricing (interest rates, margins)
- Risk attributes (personal and business credit scores, PD, LGD)
Curinos provides the following aggregated, anonymized insights, lender versus peers:
- Production
- Market share
- Pricing opportunity
- Credit risk comparatives
- Operational efficiency
- Marketing effectiveness
- White space discovery
Monitor Lending Performance
Weekly insight into key performance indicators across vital loan attributes.
Optimize
Revenue
Measure volume response to changes in margin.
Increase Lending Volume
Understand market mix and volume opportunities.
The LendersBenchmark Analyzer Advantage
| LendersBenchmark Analyzer | Competitors | |
|---|---|---|
| Timely Data Updates | ||
|
Multi-Channel Data Access Including Direct API and Web Linkage |
||
| Data Granularity | ||
| Application, Approval and Bookings | ||
| Utilization, Delinquency and Servicing | ||
| Operational Metrics (Cycle Time and Pull-Through) | ||
| Channel Productivity | ||
| Near Real-Time Market Pricing Position |
LendersBenchmark Analyzer is the only Small Business consortium in the market today that offers all the above-outlined features and benefits for both originations and portfolio. Some competitors offer one or two, but LendersBenchmark Analyzer truly has it all. Connect with us today to learn how you can become a participant!
Product Manager:
Identify opportunities in the market by understanding product mix, lender versus peers
Key Insight Gained: Lender has been missing out on the 121-180-month term market with their volume decreasing 21% year over year, yet the market has increased 14%.
The lender has outperformed in the 181–240-month space.
- Is the lender successfully diversifying products according to their strategic plan, causing this variance?
- Is there more opportunity in other terms they should be taking advantage of?
The Product Manager can drill down further to determine the drivers of the difference in mix and where opportunities exist (loan amount, collateral, state and so on).
Pricing Manager: Is my pricing aligned with that of my peers?
Where do I have opportunity for margin improvement and market share gain?
Key Insight Gained: The lender’s rate is closely aligned with peers in all product specs except RE Secured where rates are ~1% below that of peers.
Is there an opportunity to increase rates to match the market? After initial review, the lender decides to make a move and increase price. Upon post-change review, the lender sees that the rate gap to competition has closed, and the market share (black line) has increased.
Knowledge And Data
The US Participate
What Our Clients Are Saying
Our Insights
February 27, 2024
Want Small Business Deposits? Focus On Primacy
September 27, 2023
Curinos (F)insights: There’s No Time For Delay In Getting Ready For 1071
September 21, 2023
Small Businesses Offer A Clear Profitability Upside For Banks
